Nexen Tire, a leading global tire manufacturer, will
be unveiling a new brand video in collaboration with longtime partner
Manchester City Football Club (Manchester City FC).

Through the top-class image of Manchester City FC and three of its
leading players, Vincent Kompany, Ederson Moraes and Benjamin Mendy, the new
viral clip shows the values pursued by Nexen Tire. The concept of the video is
'Stylish Mobilian', a term used to represent a person who is active and
passionate about one's work, puts creative ideas into practice and seeks
adventure and positive changes. This concept successfully captures the key
elements of Nexen Tire: a customer-friendly brand differentiated by the image
of "caring", "trendy" and "innovative."

"Nexen Tire's new brand video reflects our continuous
development and growth as a company," said Travis Kang, CEO of Nexen Tire.
"We are excited to showcase these qualities with our partner Manchester
City FC and hope to communicate our values with global audience around the
world."

Nexen Tire extended its multi-year partnership with ManchesterCity in March 2017, becoming the first
ever Official Sleeve Partner in the English Premier League (EPL). The company
has been increasing its global brand awareness through this strategic
partnership and plans to continue its marketing efforts with Manchester City
FC.

The new video will be available through Nexen Tire's owned media
channels including its official website, YouTube and Facebook pages before the
2018 PURPLE SUMMIT, Manchester taking place. 2018 PURPLE SUMMIT, Manchester is the
company's annual, integrated global marketing event designed to reinforce
cooperation with its business partners and expand marketing activities.

Nexen Tire, established in 1942, is a global tire manufacturer
headquartered in Yangsan, SouthGyeongsangProvince,
and in Seoul, South Korea. Nexen Tire, one of the
world's fastest growing tire manufacturers, works with 491 dealers based in 141
countries around the world (as of July 2015) and owns three manufacturing
plants -- two in Korea (Yangsan and Changnyeong) and one in Qingdao, China.
Another plant in Zatec, Czech Republic will be operational
by 2018. Nexen Tire produces tires for passenger cars, SUVs, and light trucks
with advanced technology and excellence in design. The company also focuses on
producing UHP tires, which are based on advanced technologies. Nexen Tire
supplies OE tires to global car makers in various countries around the world.
In 2014, the company achieved a grand slam of the world's top 4 design awards
for the first time amongst the various tire makers in the world. For more
information, please visit http://www.nexentire.com